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S.Korea to keep expansionary policy -vice fin min
 
 
  
 
 Reuters - 1 hour 59 minutes ago
 
 
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SEOUL, Jan 11 - South Korea plans to maintain its expansionary macroeconomic policy for the time being to ensure a recovery in Asia's fourth-largest economy, Vice Finance Minister Hur Kyung-wook said on Monday.
 
The country will also make efforts to curb inflation expectations and speculative sentiment in the property market, Hur said in a seminar with lawmakers.
 
His remarks came after the central bank on Friday underscored its intention to raise rates by as soon as February despite increased government pressure to avoid any hasty hike. [ID:nTOE60700U]
 
 
 
 
   
 
 
 
 
 
 
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